Daiwa Securities Group Inc. bought a new stake in TransUnion (NYSE:TRU) during the fourth quarter, HoldingsChannel.com reports. The firm bought 5,000 shares of the business services provider’s stock, valued at approximately $275,000.
A number of other hedge funds also recently bought and sold shares of the business. The Manufacturers Life Insurance Company lifted its stake in TransUnion by 8.0% in the second quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock valued at $238,000 after buying an additional 404 shares during the last quarter. Strs Ohio bought a new stake in TransUnion in the fourth quarter valued at $107,000. Highland Capital Management LLC lifted its stake in TransUnion by 30.0% in the fourth quarter. Highland Capital Management LLC now owns 9,111 shares of the business services provider’s stock valued at $501,000 after buying an additional 2,104 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in TransUnion in the fourth quarter valued at $136,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in TransUnion in the fourth quarter valued at $137,000.
A number of research firms have issued reports on TRU. Stifel Nicolaus reiterated a “buy” rating and issued a $62.00 target price (up from $59.00) on shares of TransUnion in a research note on Wednesday, February 14th. Morgan Stanley set a $57.00 target price on TransUnion and gave the company a “hold” rating in a research note on Wednesday, February 14th. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $63.00 price objective on the stock in a research note on Friday. Royal Bank of Canada lifted their price objective on shares of TransUnion to $60.00 and gave the company an “outperform” rating in a research note on Tuesday, December 19th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of TransUnion from $54.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. TransUnion has an average rating of “Buy” and an average target price of $58.64.
In related news, insider James M. Peck sold 215,381 shares of TransUnion stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $54.80, for a total transaction of $11,802,878.80. Following the transaction, the insider now directly owns 402,343 shares of the company’s stock, valued at $22,048,396.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider James M. Peck sold 35,886 shares of TransUnion stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $54.93, for a total value of $1,971,217.98. Following the transaction, the insider now directly owns 202,343 shares in the company, valued at $11,114,700.99. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 476,267 shares of company stock worth $26,095,097. 2.10% of the stock is owned by corporate insiders.
Shares of TransUnion (NYSE:TRU) opened at $58.45 on Tuesday. TransUnion has a one year low of $36.08 and a one year high of $61.42. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. The firm has a market cap of $10,731.42, a PE ratio of 25.19, a P/E/G ratio of 2.79 and a beta of 0.67.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. TransUnion had a net margin of 22.81% and a return on equity of 20.73%. The business had revenue of $506.10 million for the quarter, compared to analysts’ expectations of $487.83 million. During the same period in the previous year, the business earned $0.44 earnings per share. The company’s revenue was up 16.1% on a year-over-year basis. research analysts predict that TransUnion will post 2.1 EPS for the current year.
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TransUnion Company Profile
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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